The investment questionnaire is to be used as a guide only and is not a replacement for investment advice.

The investment policy statement provides general guidelines for managing your investment portfolio. It is to be used as a tool to assist in selecting a portfolio which best suits your client's investment objective. The quality of this policy statement depends on the accuracy of the information provided and on the assumptions used in the investment plan. Any information provided on this investment policy statement should be reviewed and analyzed. Investment professionals should take into account all information about a client that is required to assess the total financial needs. This statement is intended to be a guide only. No investment advice is being provided by Franklin Templeton Investments.

Franklin Templeton Investments assumes no liability for damages or losses incurred as a result of the recommendations contained in the investment policy statement.
Commissions, trailing commissions, management fees and expenses may all be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.